Rumors are flying fast and furious regarding the recently-announced Star Wars: Episode VII with Vulture today reporting that Toy Story 3 screenwriter Michael Arndt has turned in a detailed 50-page treatment for the sci-fi sequel and that it's quite likely he'll wind up drafting the screenplay.

Arndt, who also wrote Little Miss Sunshine (winning him an Academy Award) and the upcoming Oblivion and The Hunger Games: Catching Fire, is a noted fan of George Lucas's seminal film series and has publicly lectured about their merits.

The site is also reporting the rumor that Arndt's treatment includes the characters of Luke Skywalker, Princess Leia and Han Solo and, in light of recent news, it's very likely that Mark Hamill, Carrie Fisher and Harrison Ford will return to their respective roles.

All of this being said, the only confirmed information on Star Wars: Episode VII at this time is that it will see a release in 2015. Check back for more details as they become available.

(Photo Credit: Fabrizio Picco / WENN)